Effective Oct. 1, 2020, parent firm Capital Group has publicly named Cheryl Frank and Jessica Spaly as portfolio managers on American Funds AMCAP. Longtime manager Claudia Huntington will retire on the same day, as previously announced, but that's not the fund's only upcoming retirement. Capital Group also announced that 21-year firm veteran Eric Richter will step down on Nov. 30, leaving in place an eight-person management team after his departure.
Will CAFEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAFEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CAFEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CAFEX’s parent organization’s priorities and whether they’re in line with investors’ interests.